Mathematics

8th -

10thgrade

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Profit and Loss

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6 questions

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  • 1. Multiple Choice
    30 seconds
    1 pt

    What is the formula of discount percent?

    Discount percent = DiscountCP×100%Discount\ percent\ =\ \frac{Discount}{CP}\times100\%

    Discount percent = DiscountSP×100%Discount\ percent\ =\ \frac{Discount}{SP}\times100\%

    Discount percent = DiscountMP×100%Discount\ percent\ =\ \frac{Discount}{MP}\times100\%

    Discount percent = MPDiscount×100%Discount\ percent\ =\ \frac{MP}{Discount}\times100\%

  • 2. Multiple Choice
    30 seconds
    1 pt

    If the cost of an article with VAT is Rs 7,475 and without VAT is Rs 6,500, find the VAT amount.

    Rs. 795

    Rs. 975

    Rs.13975

    None of them

  • 3. Multiple Choice
    30 seconds
    1 pt

    Calculate the amount of VAT on the selling price of Rs 1,500 at the rate of 13%.

    Rs. 175

    Rs. 95

    Rs. 13

    Rs.195

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